A preferred stock pays an annual dividend of $5.40 and sells for $63.20 a share. What...

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A preferred stock pays an annual dividend of $5.40 and sells for $63.20 a share. What is the rate of return?

Answer 1

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Answer #1

Rate of return Annual dividend:Stock price Here, Annual dividend Net stock price (PO) 5.4 63.20 $ Rate of return 8.54% 5.4:63

Answer 2

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